CORPAX ASSETS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CORPAX ASSETS
Largest movements
- Receivables after one year -€42,812
down €42,812 (-21.9%), from €195,205 to €152,393
- Tangible fixed assets +€34,019
up €34,019 (+73.1%), from €46,550 to €80,569
of which Plant, machinery and equipment: +€36,750
- Cash -€17,443
down €17,443 (-91.6%), from €19,045 to €1,603
mainly Investment in fixed assets (net) (-€44,562) and Other debts (-€24,000)
- Receivables within one year +€16,155
up €16,155 (+32.6%), from €49,552 to €65,707
of which Other amounts receivable: +€13,091
- Other debts -€24,000
down €24,000 (-9.6%), from €250,000 to €226,000
- Reserves +€10,754
up €10,754 (+133%), from €8,106 to €18,859
- Gross operating margin +€12,286
up €12,286 (+54,217%), from €23 to €12,308
- Depreciation +€8,093
up €8,093 (+330%), from €2,450 to €10,543
- Financial income -€1,095
down €1,095 (-9.1%), from €12,002 to €10,908
- Taxes +€401
up €401 (+38.3%), from €1,046 to €1,448
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,353 | €300,272 | -€10,081 | -3.2% |
| Fixed assets | 21/28 | €46,550 | €80,569 | +€34,019 | +73.1% |
| Tangible fixed assets | 22/27 | €46,550 | €80,569 | +€34,019 | +73.1% |
| Plant, machinery and equipment | 23 | - | €36,750 | +€36,750 | |
| Furniture and vehicles | 24 | €46,550 | €43,819 | -€2,731 | -5.9% |
| Current assets | 29/58 | €263,803 | €219,703 | -€44,100 | -16.7% |
| Amounts receivable after more than one year | 29 | €195,205 | €152,393 | -€42,812 | -21.9% |
| Other amounts receivable | 291 | €195,205 | €152,393 | -€42,812 | -21.9% |
| Amounts receivable within one year | 40/41 | €49,552 | €65,707 | +€16,155 | +32.6% |
| Trade receivables | 40 | €4,359 | €7,423 | +€3,064 | +70.3% |
| Other amounts receivable | 41 | €45,193 | €58,284 | +€13,091 | +29.0% |
| Cash at bank and in hand | 54/58 | €19,045 | €1,603 | -€17,443 | -91.6% |
| Total equity and liabilities | 10/49 | €310,353 | €300,272 | -€10,081 | -3.2% |
| Equity | 10/15 | €58,106 | €68,859 | +€10,754 | +18.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €8,106 | €18,859 | +€10,754 | +133% |
| Distributable reserves | 133 | €8,106 | €18,859 | +€10,754 | +133% |
| Amounts payable | 17/49 | €252,247 | €231,413 | -€20,834 | -8.3% |
| Amounts payable within one year | 42/48 | €251,046 | €228,524 | -€22,522 | -9.0% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €1,046 | €2,494 | +€1,448 | +138% |
| Taxes | 450/3 | €1,046 | €2,494 | +€1,448 | +138% |
| Other amounts payable | 47/48 | €250,000 | €226,000 | -€24,000 | -9.6% |
| Accrued charges and deferred income | 492/3 | €1,201 | €2,889 | +€1,688 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,450 | €10,543 | +€8,093 | +330% |
| Other operating charges | 640/8 | €118 | €186 | +€68 | +57.4% |
| Gross operating margin | 9900 | €23 | €12,308 | +€12,286 | +54,217% |
| Operating profit (loss) | 9901 | -€2,545 | €1,580 | +€4,125 | |
| Financial income | 75/76B | €12,002 | €10,908 | -€1,095 | -9.1% |
| Recurring financial income | 75 | €12,002 | €10,908 | -€1,095 | -9.1% |
| Financial charges | 65/66B | €305 | €286 | -€19 | -6.2% |
| Recurring financial charges | 65 | €305 | €286 | -€19 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €9,152 | €12,201 | +€3,049 | +33.3% |
| Income taxes | 67/77 | €1,046 | €1,448 | +€401 | +38.3% |
| Profit (loss) for the period | 9904 | €8,106 | €10,754 | +€2,648 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,106 | €10,754 | +€2,648 | +32.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.